{"id":627244,"date":"2018-07-26T04:21:13","date_gmt":"2018-07-26T04:21:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/26\/hhd-hires-ni-capital-to-manage-october-stake-sale-on-egx\/"},"modified":"2018-07-26T04:21:13","modified_gmt":"2018-07-26T04:21:13","slug":"hhd-hires-ni-capital-to-manage-october-stake-sale-on-egx","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/26\/hhd-hires-ni-capital-to-manage-october-stake-sale-on-egx\/","title":{"rendered":"HHD hires NI Capital to manage October stake sale on EGX"},"content":{"rendered":"

<\/a> HHD hires NI Capital to manage October stake sale on EGX: <\/strong>Heliopolis for Housing and Development (HHD) chose state-owned investment bank NI Capital to manage the sale of additional company shares on the EGX in October under the state\u2019s privatization program. HHD canceled plans for an international tender for banks to take part in the sale after it had begun talks with a number of them, the company said yesterday in a filing to the bourse (pdf)<\/a><\/u>. We had heard that Pharos and EFG Hermes, as well as Beltone Financial, CI Capital, Arqaam, Eagle, and Al Ahly Capital were among those being considered. The company is expected topilot the privatization program<\/a><\/u> alongside Eastern Company in October, with Alexandria Mineral Oils Company (AMOC) and Alexandria Container and Cargo Handling following in November, and Abu Qir Fertilizers in December. Finance Minister Mohamed Maait had said this week that the government plans to allow investors to buy up majority stakes of up to 33% in the company, with the state retaining 40%.<\/p>\n","protected":false},"excerpt":{"rendered":"

HHD hires NI Capital to manage October stake sale on EGX: Heliopolis for Housing and Development (HHD) chose state-owned investment bank NI Capital to manage the sale of additional company shares on the EGX in October under the state\u2019s privatization program. HHD canceled plans for an international tender for banks to take part in the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-627244","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"6ce52377-bf86-4672-8242-76f3d1932ce5","order":"0","is_powered_by":true,"section_story_id":"dac287f6-54aa-4523-8b46-08b68f72d15c","story_type":"1","photo_url":"","photo_position":"above","related_issue":[627236],"teaser":"","voice_url":""},"yoast_head":"\nHHD hires NI Capital to manage October stake sale on EGX - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/26\/hhd-hires-ni-capital-to-manage-october-stake-sale-on-egx\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HHD hires NI Capital to manage October stake sale on EGX\" \/>\n<meta property=\"og:description\" content=\"HHD hires NI Capital to manage October stake sale on EGX: Heliopolis for Housing and Development (HHD) chose state-owned investment bank NI Capital to manage the sale of additional company shares on the EGX in October under the state\u2019s privatization program. HHD canceled plans for an international tender for banks to take part in the […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/26\/hhd-hires-ni-capital-to-manage-october-stake-sale-on-egx\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-07-26T04:21:13+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/26\/hhd-hires-ni-capital-to-manage-october-stake-sale-on-egx\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/26\/hhd-hires-ni-capital-to-manage-october-stake-sale-on-egx\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"HHD hires NI Capital to manage October stake sale on EGX\",\"datePublished\":\"2018-07-26T04:21:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/26\/hhd-hires-ni-capital-to-manage-october-stake-sale-on-egx\/\"},\"wordCount\":180,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/26\/hhd-hires-ni-capital-to-manage-october-stake-sale-on-egx\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/26\/hhd-hires-ni-capital-to-manage-october-stake-sale-on-egx\/\",\"name\":\"HHD hires NI Capital to manage October stake sale on EGX - 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